India, US sign MoU for collaboration in third world countries

India and the US have signed an MoU to collaborate in the fields of developmental activities and aid in third world countries. The MoU has been signed between the Millennium Challenge Corporation (MCC), and Development Partnership Administration (DPA) of the Ministry of External Affairs of India. MCC is a US agency providing eligible countries with grants to fund country-led solutions for reducing poverty through sustainable economic growth. DPA looks after implementation of India’s development cooperation programmes with partner countries.